A unified theoretical approach to the development of two-sensor methods is presented. It is shown that various methods developed in the last 10 years for sound intensity measurement and for the measurement of acoustic properties in ducts may be systematically derived from a general decomposition theory. In the decomposition theory, the incident and reflected wave auto and cross spectra are obtained from a set of decomposition equations using the measurement of the total acoustic pressure at two arbitrary points in a one-dimensional steady, random sound field. The application of the wave spectra to the measurement of sound intensity and acoustic properties follows directly. It is further shown that the decomposition theory predicts a set of characteristic wavenumbers at which two-sensor methods fail to yield meaningful data. Experimental data are presented showing the application of the decomposition theory to acoustic property determination, sound intensity measurement, and the estimation of sound pressure and particle velocity in a duct.